Forex FDM Super Power Scalping Strategy
Forex FDM Super Power Scalping Strategy;
FDM Power is a trend-momentum intraday strategy that works also for swing trading.
This trading system is based on moving averages filtered by momentum indicators.
This strategy is very profitable.
Time Frame 15 min or higher.
Financial markets any.
Metatrader indicators:
Moving average simple 5 period, open;
Moving average simple 5 period, close;
Moving average smoothed 12 period, close;
Pivot alert;
Good MACD (5, 26, 9);
RSI filter three color (buy=green, flat=yellow, sell=red).
Trading rules FDM Power
Trading only in the direction of the trend
trend up= ma5 open > ma5 close > ma 12 smoothed
trend down= ma5 open < ma5 close < ma 12 smoothed
Buy
ma5 open > ma5 close > ma 12 smoothed confirmed by:
MACD crosses upward;
RSI green.
Sell
ma5 open < ma5 close < ma 12 smoothed
MACD crosses downward;
RSI red.
Exit position options:
when the MA crosses in opposite direction;
make profit at the pivot level.
Place initial stop loss at the previous swing high/low.
In forex a trading strategy is a fixed plan that is designed to achieve a profitable return by going long or short in markets. The main reasons that a properly researched trading strategy helps are its verifiability, quantifiability, consistency, and objectivity.
For every trading strategy one needs to define assets to trade, entry/exit points and money management rules.
How to install Forex FDM Super Power Scalping Strategy?
- Download Forex FDM Super Power Scalping Strategy.zip
- Copy mq4 and ex4 files to your Metatrader Directory / experts / indicators /
- Copy tpl file (Template) to your Metatrader Directory / templates /
- Start or restart your Metatrader Client
- Select Chart and Timeframe where you want to test your forex strategy
- Load indicator on your chart
How to uninstall Forex FDM Super Power Scalping Strategy?
To shut down an indicator, one has to remove it from the chart. At that, its drawing and recalculation of its values will stop. To remove an indicator from the chart, one has to execute its context menu commands of “Delete Indicator” or “Delete Indicator Window”, or the chart context menu command of “Indicators List – Delete”.
